# PPP loan: AMERICAN ARTSTONE COMPANY
> **$271K** approved 04/05/2020 · Paid in Full · Loan `5390517002`
## Borrower
- **Name:** AMERICAN ARTSTONE COMPANY
- **Address:** 2025 BROADWAY ST, NEW ULM, MN, 56073-1011
- **NAICS:** 327390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Jobs reported:** 25
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*